Quote

Invest in businesses any idiot could run, because someday one will.

Peter Lynch

Change background

T
T
T

Change font

TAGS & TOPICS

Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Businesses
Someday
Idiot
Running
Invest

More quotes by Peter Lynch

Image
You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.
Peter Lynch
Image
If you can't find any companies that you think are attractive, put your money in the bank until you discover some.
Peter Lynch
Image
If all the economists in the world were laid end to end, it wouldn't be a bad thing.
Peter Lynch
Image
I talk to hundreds of companies a year and spend hour after hour in heady pow-wows with CEOs, financial analysts and my colleagues in the mutual-fund business, but I stumble onto the big winners in extracurricular situations, the same way you do.
Peter Lynch
Image
In the summer of 1990, I was buying stocks and I was probably three or four months early there. But we had a great rally in 1991.
Peter Lynch
Image
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
Peter Lynch
Image
Gentlemen who prefer bonds don't know what they're missing.
Peter Lynch
Image
There's lots of stocks out there and all you need is a few of 'em. That's been my philosophy.
Peter Lynch
Image
If you go to Minnesota in January, you should know that it's gonna be cold. You don't panic when the thermometer falls below zero.
Peter Lynch
Image
The biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results.
Peter Lynch
Image
In business, competition is never as healthy as total domination.
Peter Lynch
Image
Spend at least as much time researching a stock as you would choosing a refrigerator.
Peter Lynch
Image
It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them.
Peter Lynch
Image
I spend about fifteen minutes a year on economic analysis.
Peter Lynch
Image
As I look back on it now, it's obvious that studying history and philosophy was much better preparation for the stock market than, say, studying statistics.
Peter Lynch
Image
My high-tech aversion caused me to make fun of the typical biotech enterprise: $100 million in cash from selling shares, one hundred Ph.D.'s, 99 microscopes, and zero revenues.
Peter Lynch
Image
That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.
Peter Lynch
Image
I've always been a great lover of baseball.
Peter Lynch
Image
Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.
Peter Lynch
Image
Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
Peter Lynch